Adding value to enterprise modelling

Abstract

There is much talk today about 'knowledge management' and 'intellectual capital'. And, looking at enterprise modelling, one could say that an enterprise model is a visual way to capture knowledge about the enterprise. It can be suggested that much of what is being done in enterprise modelling is not achieving what enterprise leaders want to achieve, and that is to add significant value to the enterprise. This paper begins to address what is needed to add value by describing an enterprise modelling framework comprised of 36 different classes of enterprise models. Within this framework, there are six classes that specifically address increasingly sophisticated concepts of enterprise value. Examples of some of these classes, called valuemetric enterprise models, are given from actual models. But this paper only begins to address this challenging area. It is hoped it will trigger further discussion and development of valuemetric enterprise models.

Cite this paper

@article{hysom2001adding,
  title = {{Adding value to enterprise modelling}},
  author = {Hysom, Ron},
  journal = {Production Planning & Control},
  volume = {12},
  number = {2},
  pages = {119--127},
  year = {2001},
  doi = {10.1080/09537280150501220}
}

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